Toyota Cuts Multiple Top-Selling ICE Models in China, Ramps Up EV Transition
Toyota China is restructuring relationships between its two joint ventures to cope with intensifying NEV competition pressure.
Latest in EV news, technologies, data and insights from China market
Toyota China is restructuring relationships between its two joint ventures to cope with intensifying NEV competition pressure.
The company attributed the decline in its operating profit to U.S. tariff impacts and cost pressures.